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The governance threat to global economic prosperity

Commentary / World Jul 6, 2023

The governance threat to global economic prosperity

by Michael Spence

The past few years have been characterized by growing political instability, which increases the risk of abrupt policy reversals that could dampen investment and undermine global economic growth.

Frugal phrases: Finding money-saving tips in Japanese

Language | BILINGUAL Jun 30, 2023

Frugal phrases: Finding money-saving tips in Japanese

by Cassandra Lord

Cost-conscious Japanese shoppers know various tricks to try and save money. By beefing up on your economic terms, maybe you can get in on the deals.

Adam Smith, founding father of modern economics, 300 years later

Commentary / World Jun 28, 2023

Adam Smith, founding father of modern economics, 300 years later

by Diane Coyle

The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth will shape our understanding of a world with AI.

Is economic failure an economics failure?

Commentary / World | The Year Ahead Jan 6, 2023

Is economic failure an economics failure?

by Angus Deaton

It is clear that an ever-growing number of people hold democratic capitalism in disrepute, and economists along with it. But how much responsibility do economists bear for our ills?

It’s now clear that quantitative easing was a colossal policy mistake

Commentary / World Jan 5, 2023

It’s now clear that quantitative easing was a colossal policy mistake

by Allison Schrager

There’s no convincing evidence that central banks’ purchases of trillions of dollars of bonds and other financial assets helped any economy.

Bernanke and two academics win Nobel in economics for work on banks’ role in crises

World Oct 11, 2022

Bernanke and two academics win Nobel in economics for work on banks’ role in crises

by Jeanna Smialek

Former Federal Reserve chair Ben Bernanke and economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil.

China faces mounting challenges amid wealth gap and other social issues

Commentary / World | Geoeconomic Briefing Mar 15, 2022

China faces mounting challenges amid wealth gap and other social issues

by Tomoko Ako

President Xi Jinping is facing serious barriers to his goal of unifying "Chinese people of all ethnic groups."

Japan confronts rising inequality after Abenomics

Business Oct 12, 2021

Japan confronts rising inequality after Abenomics

by Kantaro Komiya and Leika Kihara

Rather than curing societies financial ills, the former prime minister's economic plan has left a divide in its wake.

Can economics keep up with technology and a changing world?

Commentary / World Sep 3, 2021

Can economics keep up with technology and a changing world?

by Kaushik Basu

The average layperson cannot easily tell the difference between good and bad economics, owing not least to the discipline’s broad range of content and methodologies.

The changing map of economics

Commentary / World Jul 27, 2021

The changing map of economics

by Kaushik Basu

The global economy and capitalism are at a crossroads, with the COVID-19 being the primary impetus for this view, followed by climate change, digital technology and changing labor markets.

Aging is the next global economic threat

Commentary / World Oct 24, 2020

Aging is the next global economic threat

by Noah Smith

Falling in living standards in some countries, such as Japan, can be blamed in part on a smaller workforce having to prop up a growing pool of retirees.

'Suganomics' and India-Japan economic ties: A seven-point plan

Commentary / Japan Oct 6, 2020

'Suganomics' and India-Japan economic ties: A seven-point plan

by Jagannath Panda

Suga’s clear global focus can be an advantage for India and Indian talent as it may open more doors for educational and professional exchanges between citizens.

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